159 Ridge Road
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 20, 2020 | Sold | ||
| Sold | |||
| Apr 26, 2020 | Listed by J. Barrett & Company | $535,000 | |
| Listed by J. Barrett & Company | |||
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This charming New England Cape on a quiet side street is the perfect entry into REVERE and Features includes hardwood floors, a lovely living room, eat in kitchen w/stainless steel appliances, gas range, granite countertops. Additional finished lower level offers TV room, BAR and separate Bathroom with steam shower. Direct walk out to the spacious flat backyard. Fantastic location and neighborhood, minutes to all major routes, shopping, heating replaced in 2019, electrical updated. Private Showings by Appointment only.
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| Jul 1, 2005 | Sold | ||
| Sold | |||
| Apr 13, 2005 | Listed by Century 21 North East | $329,900 | |
| Listed by Century 21 North East | |||
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WEST REVERE,SEMI MODERN KITCHEN,MODERN BATH.6 ROOMS,4 BEDROOMS.HARDWOOD FLOORS.2 YEAR OLD HEATING,5 YEAR OLD ROOF,CENTRAL AIR,BIG PICTURE WINDOW IN LIVING ROOM.1 CAR GARAGE UNDER.PATIO.GREAT VIEW OF THE CITY LIGHTS.WASHER,DRYER & REFRIDGE
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